If you’re curious about the Yakezie Challenge, I describe it in my Allure of Alexa article. Here are some great articles from some of the participants.

I love Net worth statements. Check out Money Funk’s February net worth statement
Punch Debt In The Face asks the question: Are you an account whore?
Check out the Hidden Gem of Life Insurance over at the Evolution of Wealth
Savings Account or Buying Shares? Good article at Planting Dollars
Find our your magic number at Eliminate the Muda
Life in the cheap lane at Sweating The Big Stuff
Financial Samurai …

I’m pleased to host this week’s Money Hacks carnival. I hope you enjoy the quality posts that are in this carnival. This is a carnival hosted every week at a different blog. I encourage you to follow it each week!
I couldn’t resist a shout out to my boy Tim Tebow. Sorry Cincinnati fans. Without further ado, let’s get to the carnival.
Editor’s Picks
D4L presents 7 Low-Debt High-Rated Dividend Stocks posted at Dividends Value.
J.D. Roth presents It’s More Important to Be Happy Than to Be Rich posted at Get Rich Slowly.
Wealth Pilgrim …

Welcome to the first edition of Web Entrepreneur Network carnival. This is a new carnival aimed at bringing you the best content from a range of web entrepreneurs. Please also check out the main site for the Web Entrepreneur Network.

Kathleen Gaga presents Street Smarts Marketing & Promotions: Information Products; Step one for success posted at Street Smarts Marketing & Promotions, saying, “If you are thinking of developing information products for profit or as a giveaway a quick Google search is step one. You can quickly find out how …

Thesis On The Economy

My view is that the American economy has major structural issues that will prevent it from legitimate real growth in the years ahead. Because of structural problems, politicians will react with political responses which will only do more harm and lead to inflation. Government cannot and will not fix the economic issues that are structural in nature. Only a liquidation of bad investment and market-based allocation of capital and resources into productive areas of the economy can get the economy growing again and thus lead to real job creation.

Thesis On Investing

Stock markets are unlikely to generate the return going forward that most investors expect. Buying and holding the broad market is not a wise strategy considering real economic growth over the next 30 years will likely look very different than the previous 30 years. I believe in stock picking and an emphasis on Dividend Stocks. I also believe the markets are manipulated to a certain degree via Wall Street schemes like high frequency trading and Federal Reserve easy monetary policy. It's important to factor in currency devaluation when determining real rate of return in stocks. I disagree with most mainstream financial planning advice in that you should passively invest in the broad market - this form of investing seeks to benefit Wall Street not you.

Featured Resources

A tough economic environment means it is difficult for the masses looking to do nothing more than be an employee. To prosper in this environment you have to be creative, innovative and willing to compete and work harder than your neighbor. I believe we're increasingly moving towards a time where more people work multiple jobs and make a living in a number of different ways - increasingly moving away from the era where a man works for a single company for an entire career. I believe in working hard to generate multiple streams of income and often discuss ways to make money online to achieve financial freedom. My latest interest is the Ubinary review.